Advanced Portfolio Management, LLC

CIK 1940461 · View on SEC EDGAR ↗

Portfolio value QoQ: -14.7% 13F does not disclose cash

Top 10 holdings weight47.91%

Top 25 holdings weight84.31%

Positions above 1%37

Effective number of positions28.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q4 2025: 54.73% Est. buys $19,468,099 · sells $25,043,544

Median holding: 1.0 quarters Tracked Q1 2025–Q4 2025 · 22.7% still held

New positions21

Increased8

Decreased8

Closed110

Portfolio value $32.8M #8,774 of 9,337 by 13F value · top 94.0%

Positions 37

As of Dec. 31, 2025 Data as of Q4 2025

Sector breakdown

Technology 32.6%

Communication Services 13.6%

Financials 11.1%

Health Care 9.6%

Energy 8.2%

Retail 7.5%

Utilities 4.0%

Real Estate 3.5%

Industrials 3.1%

Consumer products 1.3%

Consumer Discretionary 1.3%

Consumer Staples 1.3%

Other/Unmapped 2.9%

Full portfolio 37 positions

					Streak
MSFT Microsoft Corporation - Common Stock	$2,207,725	6.74%	4,565	$-283,985	Down ×1
AVGO Broadcom Inc. - Common Stock	$2,094,597	6.39%	6,052	$-2,242,980	Down ×1
META Meta Platforms, Inc. - Class A Common Stock	$1,679,929	5.13%	2,545	$1,653,491	Up ×1
AMZN Amazon.com, Inc. - Common Stock	$1,617,587	4.94%	7,008	$913,752	Up ×1
ORCL Oracle Corporation Common Stock	$1,471,571	4.49%	7,550	$-992,378	Down ×1
SOFI SoFi Technologies, Inc. - Common Stock	$1,439,900	4.40%	55,000	$1,043,600	Up ×1
NVDA NVIDIA Corporation - Common Stock	$1,330,118	4.06%	7,132	$-1,046,318	Down ×4
CRM Salesforce, Inc. Common Stock	$1,323,225	4.04%	4,995		Up ×1
VST Vistra Corp. Common Stock	$1,299,997	3.97%	8,058	$-1,723,330	Down ×1
VG Venture Global, Inc. Class A common stock	$1,227,600	3.75%	180,000		Up ×1
ABBV AbbVie Inc. Common Stock	$1,207,341	3.69%	5,284		Up ×1
EQIX Equinix, Inc. - Common Stock	$1,138,514	3.48%	1,486		Up ×1
CMCSA Comcast Corporation - Class A Common Stock	$1,072,124	3.27%	35,869	$-341,776	Down ×1
CAH Cardinal Health, Inc. Common Stock	$1,063,052	3.25%	5,173	$1,060,541	Up ×1
RSP Invesco Exchange-Traded Fund Trust	$957,800	2.92%	5,000		Up ×1
AAPL Apple Inc. - Common Stock	$925,411	2.83%	3,404	$-643,160	Down ×1
HPE Hewlett Packard Enterprise Company Common Stock	$878,580	2.68%	36,577		Up ×1
CSCO Cisco Systems, Inc. - Common Stock	$788,864	2.41%	10,241		Up ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$779,610	2.38%	1,551	$-68,134	Down ×1
XOM Exxon Mobil Corporation Common Stock	$606,634	1.85%	5,041		Up ×1
TT Trane Technologies plc	$575,238	1.76%	1,478	$130,194	Up ×1
VZ Verizon Communications Inc. Common Stock	$515,194	1.57%	12,649		Up ×1
SCHW Charles Schwab Corporation (The) Common Stock	$480,068	1.47%	4,805		Up ×1
WFC Wells Fargo & Company Common Stock	$478,116	1.46%	5,130	$50,972	Up ×1
V Visa Inc.	$456,624	1.39%	1,302		Up ×1
OKE ONEOK, Inc. Common Stock	$452,393	1.38%	6,155		Up ×1
INTU Intuit Inc. - Common Stock	$445,146	1.36%	672		Up ×1
CVS CVS Health Corporation Common Stock	$440,845	1.35%	5,555		Up ×1
TJX TJX Companies, Inc. (The) Common Stock	$440,400	1.34%	2,867		Up ×1
URI United Rentals, Inc. Common Stock	$433,796	1.32%	536		Up ×1
CL Colgate-Palmolive Company Common Stock	$432,635	1.32%	5,475		Up ×1
SBUX Starbucks Corporation - Common Stock	$428,208	1.31%	5,085		Up ×1
ABT Abbott Laboratories Common Stock	$427,239	1.30%	3,410		Up ×1
ADM Archer-Daniels-Midland Company Common Stock	$420,482	1.28%	7,314		Up ×1
KR Kroger Company (The) Common Stock	$411,931	1.26%	6,593		Up ×1
EQT EQT Corporation Common Stock	$411,809	1.26%	7,683	$409,305	Up ×1
NFLX Netflix, Inc. - Common Stock	$393,511	1.20%	4,197	$-414,604	Up ×2
No matches

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
CRM	$1,323,225	4,995	4.04%
VG	$1,227,600	180,000	3.75%
ABBV	$1,207,341	5,284	3.69%
EQIX	$1,138,514	1,486	3.48%
RSP	$957,800	5,000	2.92%
HPE	$878,580	36,577	2.68%
CSCO	$788,864	10,241	2.41%
XOM	$606,634	5,041	1.85%
VZ	$515,194	12,649	1.57%
SCHW	$480,068	4,805	1.47%
V	$456,624	1,302	1.39%
OKE	$452,393	6,155	1.38%
INTU	$445,146	672	1.36%
CVS	$440,845	5,555	1.35%
TJX	$440,400	2,867	1.34%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
AVGO	Trimmed	-12K	-$2.2M
VST	Trimmed	-6K	-$1.7M
NVDA	Trimmed	-6K	-$1.0M
SOFI	Bought more	+40K	+$1.0M
ORCL	Trimmed	-3K	-$992K
AMZN	Bought more	+4K	+$914K
AAPL	Trimmed	-3K	-$643K
NFLX	Bought more	+4K	-$415K
CMCSA	Trimmed	-9K	-$342K
MSFT	Trimmed	-277	-$284K

3 positions hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
IEUR	June 30, 2025	50,000	$3,007,500
ADBE	Dec. 31, 2025	6,443	$2,279,058	-31.8%
ASHR	June 30, 2025	85,000	$2,258,450
UBS	June 30, 2025	67,500	$2,067,525	42.5%
CPNG	June 30, 2025	90,000	$1,973,700	-52.6%
CCL	June 30, 2025	100,000	$1,953,000	-9.1%
GOOG	June 30, 2025	12,500	$1,952,875	93.8%
COHR	June 30, 2025	30,000	$1,948,200	274.0%
TEVA	June 30, 2025	125,000	$1,921,250	136.6%
NUE	June 30, 2025	15,000	$1,805,100	94.1%
NU	June 30, 2025	175,000	$1,792,000	10.6%
WM	Sept. 30, 2025	7,500	$1,716,150	-6.4%
TSM	June 30, 2025	10,000	$1,660,000	114.5%
C	June 30, 2025	22,500	$1,597,275	51.0%
UNH	Sept. 30, 2025	5,000	$1,559,850	9.6%
D	Sept. 30, 2025	27,500	$1,554,300	-0.2%
MELI	Dec. 31, 2025	600	$1,402,164	-7.6%
GLW	Sept. 30, 2025	25,000	$1,314,750	94.3%
KHC	Dec. 31, 2025	50,000	$1,302,000	-9.9%
GOOGL	Dec. 31, 2025	5,048	$1,231,964	10.7%
TTD	Dec. 31, 2025	50,000	$1,225,000	-68.4%
CRH	Sept. 30, 2025	12,500	$1,147,500	-31.1%
K	Dec. 31, 2025	10,940	$896,642	No longer tracked
VALE	June 30, 2025	75,000	$748,500	45.7%
UPS	Dec. 31, 2025	8,176	$690,872	-6.1%
PPG	Dec. 31, 2025	6,186	$643,468	2.7%
MCK	Dec. 31, 2025	815	$620,916	11.6%
ED	Dec. 31, 2025	5,934	$590,848	4.1%
TMO	Dec. 31, 2025	1,204	$556,296	16.8%
IFF	Dec. 31, 2025	7,731	$471,282	23.5%
JPM	Dec. 31, 2025	1,486	$469,113	3.2%
JNJ	Dec. 31, 2025	2,174	$394,842	22.2%
WDAY	Dec. 31, 2025	1,550	$383,920	-12.0%
MA	Dec. 31, 2025	659	$374,404	-1.1%
TXN	Dec. 31, 2025	2,016	$369,392	70.0%
BIIB	Dec. 31, 2025	2,641	$365,831	27.0%
HPQ	Dec. 31, 2025	13,079	$351,694	41.2%
EXC	Dec. 31, 2025	7,831	$346,678	-6.4%
PG	Dec. 31, 2025	2,115	$324,716	1.8%
LLY	Dec. 31, 2025	439	$318,938	6.4%
MRK	Dec. 31, 2025	4,021	$315,970	32.6%
ZTS	Dec. 31, 2025	2,198	$314,446	-43.2%
SPG	Dec. 31, 2025	532	$99,840	8.8%
ORLY	Dec. 31, 2025	604	$65,117	-8.0%
GOOG	Dec. 31, 2025	213	$51,876	9.6%
GILD	Dec. 31, 2025	445	$49,395	17.8%
APH	Dec. 31, 2025	201	$42,217	-35.4%
MO	Dec. 31, 2025	483	$31,907	17.7%
TSLA	Dec. 31, 2025	60	$26,683	-15.8%
MET	Dec. 31, 2025	323	$26,606	22.7%
ADI	Dec. 31, 2025	108	$26,536	54.5%
KDP	Dec. 31, 2025	1,040	$26,530	10.3%
HSY	Dec. 31, 2025	140	$26,187	-11.5%
UAL	Dec. 31, 2025	201	$19,397	-1.6%
AIG	Dec. 31, 2025	228	$17,907	-12.2%
SPGI	Dec. 31, 2025	36	$17,522	-25.2%
PLTR	Dec. 31, 2025	87	$15,871	6.6%
WDC	Dec. 31, 2025	131	$15,728	156.4%
EW	Dec. 31, 2025	169	$13,143	2.3%
COST	Dec. 31, 2025	13	$12,033	7.1%
HOOD	Dec. 31, 2025	83	$11,884	0.9%
ANET	Dec. 31, 2025	77	$11,220	57.9%
FTNT	Dec. 31, 2025	107	$8,997	131.9%
IT	Dec. 31, 2025	34	$8,938	-25.6%
EMR	Dec. 31, 2025	67	$8,789	22.3%
AXON	Dec. 31, 2025	11	$7,894	-27.5%
GE	Dec. 31, 2025	19	$5,716	-0.5%
PANW	Dec. 31, 2025	28	$5,701	120.8%
CMG	Dec. 31, 2025	134	$5,251	-16.6%
CHTR	Dec. 31, 2025	18	$4,952	-48.4%
AZO	Dec. 31, 2025	1	$4,290	-17.2%
DELL	Dec. 31, 2025	25	$3,544	338.7%
TGT	Dec. 31, 2025	36	$3,229	56.5%
PWR	Dec. 31, 2025	7	$2,901	61.9%
TPL	Dec. 31, 2025	3	$2,801	20.0%
MPWR	Dec. 31, 2025	3	$2,762	63.3%
NOW	Dec. 31, 2025	3	$2,761	-11.2%
CEG	Dec. 31, 2025	8	$2,633	-24.2%
ITW	Dec. 31, 2025	10	$2,608	7.3%
BA	Dec. 31, 2025	12	$2,590	-11.2%
FFIV	Dec. 31, 2025	8	$2,586	79.6%
EXPE	Dec. 31, 2025	12	$2,565	-8.2%
STZ	Dec. 31, 2025	19	$2,559	-17.9%
STT	Dec. 31, 2025	22	$2,552	36.7%
UBER	Dec. 31, 2025	26	$2,547	-15.0%
LRCX	Dec. 31, 2025	19	$2,544	102.0%
CB	Dec. 31, 2025	9	$2,540	5.9%
C	Dec. 31, 2025	25	$2,538	10.2%
EXR	Dec. 31, 2025	18	$2,537	2.1%
JCI	Dec. 31, 2025	23	$2,529	31.0%
EQR	Dec. 31, 2025	39	$2,524	No longer tracked
DOW	Dec. 31, 2025	110	$2,522	21.9%
WEC	Dec. 31, 2025	22	$2,521	-3.9%
ETR	Dec. 31, 2025	27	$2,516	9.1%
VRSN	Dec. 31, 2025	9	$2,516	20.3%
MAA	Dec. 31, 2025	18	$2,515	-16.2%
TRGP	Dec. 31, 2025	15	$2,513	55.8%
VICI	Dec. 31, 2025	77	$2,511	-19.9%
PNW	Dec. 31, 2025	28	$2,510	8.2%
RTX	Dec. 31, 2025	15	$2,510	0.5%
STLD	Dec. 31, 2025	18	$2,510	42.0%
MPC	Dec. 31, 2025	13	$2,506	166.5%
AMCR	Dec. 31, 2025	306	$2,503	0.2%
AKAM	Dec. 31, 2025	33	$2,500	23.8%
CNC	Dec. 31, 2025	70	$2,498	56.3%
SMCI	Dec. 31, 2025	52	$2,493	47.6%
BF-B (filed as BFB)	Dec. 31, 2025	92	$2,491	No longer tracked
PPL	Dec. 31, 2025	67	$2,490	-5.9%
CVX	Dec. 31, 2025	16	$2,485	35.5%
TER	Dec. 31, 2025	18	$2,478	129.7%
NDAQ	Dec. 31, 2025	28	$2,477	-5.1%
DUK	Dec. 31, 2025	20	$2,475	-2.9%
WMT	Dec. 31, 2025	24	$2,473	-5.7%
PODD	Dec. 31, 2025	8	$2,470	-52.3%
SYY	Dec. 31, 2025	30	$2,470	3.7%
SNPS	Dec. 31, 2025	5	$2,467	4.0%
VMC	Dec. 31, 2025	8	$2,461	-13.9%
CDNS	Dec. 31, 2025	7	$2,459	13.1%
COP	Dec. 31, 2025	26	$2,459	37.2%
AMAT	Dec. 31, 2025	12	$2,457	111.0%
CRWD	Dec. 31, 2025	5	$2,452	-41.8%
LYV	Dec. 31, 2025	15	$2,451	19.8%
DASH	Dec. 31, 2025	9	$2,448	-15.3%
ROK	Dec. 31, 2025	7	$2,447	17.0%
FSLR	Dec. 31, 2025	11	$2,426	-32.6%
DLR	Dec. 31, 2025	14	$2,420	16.3%
RJF	Dec. 31, 2025	14	$2,416	0.1%
KLAC	Dec. 31, 2025	2	$2,157	-83.0%